Market Analysts Predict Potential Retest of Lower Levels Amid Narrow Fluctuations
According to BlockBeats, Greeks.live analyst Adam shared insights on social media regarding the current market sentiment. He noted that while some groups are cautiously bearish, most traders anticipate a retest of lower levels around $84,000 to $85,000. Meanwhile, others have observed that the market is fluctuating within a narrow range. A significant resistance level has been identified at $884,000, where substantial passive selling has been observed. Additionally, a potential support level is noted at $77,000, which some traders consider a definitive bottom.